hard · National Real Estate Exam disclosures
Parker Bennett, a sales associate, encounters this situation: A seller completes a property-condition disclosure, and the buyer asks whether that form replaces an independent inspection.
What is the best next step?
- Explain that disclosure does not replace an independent inspection.
- Guarantee that every condition on the form is complete and correct.
- Tell the buyer an inspection is prohibited once the form is delivered.
- Advise the buyer to rely only on visible cosmetic condition.
Sign up free to see the explanation and track your rank →
More National Real Estate Exam disclosures practice
- The agent must:
- A buyer is interested in a parcel of land for a new housing… — What is the primary purpose
- According to federal law, which of the following is true?
- A buyer's 'innocent landowner' defense against liability under CERCLA generally requires t
- What is the agent's professional responsibility?
- A seller's agent knows that the roof is at the end of its us… — Is the agent required to d
- Carbon monoxide is a hazardous substance most commonly produced by which source in a resid
- What is the seller's obligation regarding the paint itself?